Monro Inc [MNRO] stock prices are up 3.51% to $27.73 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MNRO shares have gain 1.72% over the last week, with a monthly amount drifted -3.95%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Monro Inc [NASDAQ: MNRO] stock has seen the most recent analyst activity on October 15, 2024, when Stephens initiated its Equal-Weight rating and assigned the stock a price target of $31. Previously, Wells Fargo started tracking the stock with Equal Weight rating on September 07, 2023, and set its price target to $35. On September 30, 2020, Wolfe Research initiated with a Peer Perform rating. Guggenheim downgraded its rating to a Neutral. Guggenheim upgraded its rating to a Buy. BMO Capital Markets started tracking with a Market Perform rating for this stock on August 09, 2019, and assigned it a price target of $90. In a note dated July 11, 2019, Oppenheimer downgraded an Perform rating on this stock.
The stock price of Monro Inc [MNRO] has been fluctuating between $21.00 and $33.98 over the past year. Currently, Wall Street analysts expect the stock to reach $25 within the next 12 months. Monro Inc [NASDAQ: MNRO] shares were valued at $27.73 at the most recent close of the market. An investor can expect a potential drop of -9.84% based on the average MNRO price forecast.
Analyzing the MNRO fundamentals
The Monro Inc [NASDAQ:MNRO] reported sales of 1.24B for trailing twelve months, representing a drop of -10.33%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.85.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.00 points at the first support level, and at 24.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.78, and for the 2nd resistance point, it is at 29.82.
Ratios To Look Out For
It’s worth pointing out that Monro Inc [NASDAQ:MNRO]’s Current Ratio is 0.59. Also, the Quick Ratio is 0.25, while the Cash Ratio stands at 0.04. Considering the valuation of this stock, the price to sales ratio is 0.67, the price to book ratio is 1.27 and price to earnings (TTM) ratio is 26.64.
Transactions by insiders
Recent insider trading involved Broderick Michael T, CEO & President, that happened on Feb 02 ’24 when 5000.0 shares were purchased.
